8 years ago: The site does an exceptional job doing this service. Video2mp3 is the only site I know of that provides this. However, the ads seem to be increasing day by day. A few months ago, the site only stuck to basic ads, but pop-ups are starting to appear.
However, since this is the only website that does this and has monopoly over this area of expertise, it is recommended.

6 years ago: There are a lot of cloud storage companies out there, many with free cloud storage options so you could conceivably not pay a penny or a pence to store files on the cloud. It's important to back up all your files, like especially all the money you've invested in those mp3s? what if you lost your ipod? and photo files, document files, videos, etc. Each cloud storage company will tell you how much storage you will get for free and you can buy more or just store more thru another free offer elsewhere. Don't risk losing files. Back up your files on the cloud! One cloud storage provider I recommend is JustCloud.com